Earlier today, the Mongolian State Great Khural (parliament) backed a bill that will authorize free land allocation to the families of Mongolian citizens for the next ten years. Specifically, the amendment to the ‘Law on the Allocation of Land to Mongolian Citizens for Ownership’ will allow Mongolian citizens to acquire the ownership of land for family needs for free only once until 2028.

MP’s noted that only 20 percent of the Mongolian population has owned their own land since the land ownership process began 20 years ago. Free land ownership for citizens began in 2003 as an initiative of the Mongolian People’s Party (then the Mongolian People’s Revolutionary Party).

At present there are 214 thousand families living on 107 thousand hectares in the so-called Ger Districts. A total of 96 thousand citizens have applied to obtain land, but suitable land has not been found for them. Conversely, between 30 and 40 thousand apartments cannot be sold and are currently vacant as no buyer has, as yet, been found.